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Jamileth Del Rosario
View original language description ↓
Señora Jamileth del Rosario N. G. has been a client of our institution for three years now, recieving four loans to invest in her business. You can see the improvement in her business and also her quality of life. Jamileth is married with three children. It’s good to mention that this business made it possible to educate her children—one of them graduated with a degree in psychology and two others are in middle school. Her husband helps out in the business and also sells cattle.

In Jamileth’s bar, she sells food like chicken, a daily dish and steak. With the loans they have improved their selection of products as well as the business’s infrastructure. They changed the location of the bar to better premises.

Translated from Spanish by Nathan, Kiva volunteer.


La señora Jamileth del Rosario N. G. es cliente de nuestra institución desde hace tres años donde ha obtenido cuatro prestamos, los que ha utilizado para capital de trabajo, se puede observar mejoras en la calidad del negocio asi como en sus condiciones de vida, la cliente es casada con tres hijos cabe destacar que con este negocio ha logrado prepara a sus hijos ya que una de ellas se graduo de psicologa y dos estan en secundaria el esposo le ayuda en el negocio y ademas se dedica a la comercialización de ganado. En su bar ella vende comidas como Pollo, comida coriente, Churrasco. Con el prestamo han logrado mejorar tanto la oferta de productos asi como la infraestructura del negocio ya que se cambiaron de un local a otro con mejores condiciones.

Additional Information

Fundación Leon 2000

This loan is administered by Fundación Leon 2000. Fundación Leon 2000 began operations in 1993 as the first microfinance institution to serve the western part of Nicaragua, a country which continues to be one of the poorest in the western hemisphere. Fundación Leon 2000 works to further the development of micro, small, and medium enterprises through credit services and management, applying the best credit industry practices and technical expertise. Additionally, Fundación Leon manages several business and financial education programs in the community, specifically for young entrepreneurs and at-risk youth. Fundación Leon 2000’s group of experienced and dedicated employees works in 7 offices in Leon, Chinandega, Chichigalpa, Somotillo, Jinotepe, El Sauce, and Nagarote and serves several thousand clients (the majority of whom are women).

About Nicaragua

  • $3,636
    Average annual income
  • 75
    View loans »
    Nicaragua Loans Fundraising
  • $23,621,150
    Funds lent in using Kiva
  • 19.1
    Nicaragua Cordobas (NIO) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Jamileth Del Rosario invest in her bar restaurant: buy chicken, meat, soft drinks, beer and alcohol.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 10, 2008
Listed
May 23, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009